Stockpk » COT

KSE March 2005 Crash: SECP Forensic Investigation Report

Kashif Aziz — Tue, 21 Nov 2006 07:24:55 +0000

At the request of the Securities and Exchange Commission of Pakistan (“SECP”), Diligence USA, LLC (“Diligence”) conducted a forensic examination of certain alleged manipulative and/or illicit activities related to the stock market events of March 2005, as transacted on the … Continue reading →

CFS limit raised to Rs 55 billion: VaR implementation delayed

StockPK Team — Fri, 03 Nov 2006 07:42:55 +0000

After a detailed meeting with the stock exchanges management, the Securities and Exchange Commission of Pakistan (SECP) on Thursday enhanced the CFS limit to Rs 55 billion for Karachi Stock Exchange (KSE); Rs 10 billion for Lahore Stock Exchange (LSE) … Continue reading →

SECP terrifying brokers into submission

StockPK Team — Thu, 01 Dec 2005 18:37:51 +0000

The directive from Securities & Exchange Commission of Pakistan (SECP) to the three stock exchanges to appoint a non-member director as the chairman of the stock exchanges came on Tuesday, as a bolt from the blue. Till late in the … Continue reading →

More financing modes available at bourses

StockPK Team — Mon, 12 Sep 2005 19:05:43 +0000

Investors at capital market after reaching the limit under Continuous Funding System (CFS) have more avenues to finance shares to purchase, like in-house badla, futures options and other derivatives, soon to be formulated. After being effective from August 22, 2005, … Continue reading →

More financing modes available at bourses

StockPK Team — Mon, 12 Sep 2005 18:14:27 +0000

Investors at capital market after reaching the limit under Continuous Funding System (CFS) have m... Continue reading →

Continuous funding system takes off

StockPK Team — Tue, 23 Aug 2005 17:32:39 +0000

The continuous funding system (CFS) took off at the Karachi Stock Exchange on Monday with enthusiastic investor’s response, as the KSE-100 index gained 279 points. According to analysts, the CFS rate on Monday stood at 16.9 per cent with the … Continue reading →

Body to give final shape to mode of stocks financing

StockPK Team — Thu, 28 Jul 2005 07:42:34 +0000

The ‘Shaukat Tarin Committee’ will hold a meeting with all stakeholders of stock market on Thursday evening to give a final shape to a new mode of financing, in order to bring back investors to the lack-lustre stock market and … Continue reading →

Stock market needs Rs 30 billion to improve liquidity

StockPK Team — Tue, 26 Jul 2005 07:42:37 +0000

Lack of appropriate system to change the traditional badla to margin financing dried up the volumes, forcing the market to trade in a narrow band, resulting in serious drain market liquidity. According to a report presented to Shaukat Tarin – … Continue reading →

KSE introduces COT freeze system

StockPK Team — Tue, 19 Jul 2005 07:42:43 +0000

The board of directors of Karachi Stock Exchange (KSE) has started a system for freezing total outstanding COT positions to Rs 12 billion, irrespective of individual scrip. According to a notice issued by the KSE on Monday, the governing board … Continue reading →

Badla is not back!

StockPK Team — Tue, 19 Jul 2005 07:42:34 +0000

I am grateful to The News for its backhanded support to the phase-out of badla financing in its editorial “Badla is back” (July 15) – a provocative and totally misleading title which suggests that badla financing had been eliminated and … Continue reading →